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Tag Archives: life insurance beneficiary

Beneficiary Rules for a Life Insurance Policy

The beneficiary of a life insurance policy is the party or parties that are named by the policy owner as the recipient of the death benefit of the policy when the insured dies. There can be more than one beneficiary on a life insurance policy. The policy proceeds pass to the named beneficiary directly without […]

Can a power of attorney change a beneficiary on a life insurance policy?

Protecting your assets with the right documents will help guarantee that your rightful beneficiaries will have money to live on when you die. People experience many changes during their lives, including marriages, the birth of children, divorces and deaths. It is a good idea to make sure that your power of attorney documents for financial […]

Can the beneficiary of a life insurance policy be contested?

How Do I Determine If It’s Worth It To Contest A Will? If your lawsuit does not meet certain requirements, it might be better to deal with the dispute outside the courts. A will may be contested if: the will was improperly executed the will was made while the person was under undue influence a […]